Hey fellow shareholders, I think that we need to do something together. We need to put a STOP on share capital raising at low share price! We understand that there's pressure on the capital markets that raising money as a small cap stock is hard. But if IDC keeps on issuing shares at low share price, we are going to be diluted to oblivion!
Any thoughts on what strategy for Management to adopt to avoid too much dilution for shareholders? The small players are getting squeezed out by the bigger players! Can we somehow gather our shares together and be a bigger player in terms of influencing management on CR strategy?
Mt Kare is a great asset to have and time will soon tell that it's going to have a huge increase in resources. Based on the current drilling results, how much resource upgrade will we be able to see in near future? When's the next resource upgrade? I'm hoping for 3M ounce at least based on the previous round of drilling..
IDC Price at posting:
10.4¢ Sentiment: Buy Disclosure: Held
